EU regulator blocks Thyssenkrupp-Tata Steel merger
On June 11. EU antitrust requlators rejected Thyssenkrupp and Tata Steel's plan to form a landmark ioint venture because thev are concerned that the deal would have pushed up prices and reduced competition.The European Commission said the companies. which had looked to the deal as one way to tackle overcapacity and other challenges in the steel industry, had not done enough to allay its concerns．The Commission said imports from third countries would not have been able to offset potential price hikes resulting from the deal.ThyssenKrupp and Tata Steel last month flagged the EU veto after they declined to offer further concessions to address requlators' concerns.
Cangzhou Steel Pipe Group (CSPG) Co., Ltd. is a large-sized, key metallurgic enterprise of Hebei Province in North China, whose history dates back to 1994. CSPG currently em/paces six member companies with products varying from SSAW, LSAW, ERW, seamless steel pipes to 3PE pipes, galvanized pipes, casing pipes, etc. A Joint-stock corporation, CSPG occupies an area of 600,000 square meters with a total asset of $530 million.
Specialized in the production of straight welded pipe spiral pipe galvanized pipe 3PE/3PP/FBE/TPEP internal and external epoxy powder internal and external epoxy resin cement mortar two cloth three oil buried pipeline IPN8710 non-toxic drinking water internal and external plastic coated lining plastic and other anti-corrosion pipe fittings for oil and gas pipeline water conservancy projects
Executive standard :DIN30670 DIN30678 CSA Z245 AFNOR nf49-710/711 NACE rp0394/0490 AWWAC 210/C213GB/T9711 API 5L ISO 3183Material: Q235B/Q355BGR A GR B x42-x80 l245-l555
Business scope: 21.3mm-3620mmLSAW submerged arc welded pipe 325-2020mmERW straight welded pipe 6mm-711mmSMLS seamless tube 10-1120mmSSAW spiral steel tube 219-3620mmDemand for quality suppliers and partners